What steps has the Indian Government taken to prevent hoarding of wheat

Amid rising food inflation, the Indian Government has imposed stock limits on wheat to prevent hoarding. What are the measures announced by the government to control the prices of essential commodities?
The Indian government has taken several measures to control the prices of essential commodities. Here are some of the steps announced by the government to prevent the hoarding of wheat:
  • The Indian government has imposed stock limits on wheat to prevent hoarding. The stock limits have been imposed on traders and millers of wheat.
  • The government has increased the minimum support price (MSP) of wheat to incentivize farmers to produce more wheat.
  • The government has also announced plans to increase the availability of wheat in the market by releasing more stocks from the central pool.
  • The government has also asked state governments to crack down on hoarders and take action against them under the Essential Commodities Act.
  • The government has also announced an expansion of the National Food Security Act, which provides subsidized food grains to the poor.
These measures are aimed at increasing the availability of wheat in the market and preventing hoarding, which could lead to a rise in prices. The government is also taking steps to ensure that the poor have access to affordable food grains.
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